Quantbot Technologies LP Invests $1.31 Million in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Quantbot Technologies LP bought a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 37,942 shares of the real estate investment trust's stock, valued at approximately $1,308,000.

Several other institutional investors and hedge funds also recently modified their holdings of HASI. FMR LLC raised its position in shares of Hannon Armstrong Sustainable Infrastructure Capital by 12.2% during the 3rd quarter. FMR LLC now owns 1,153,215 shares of the real estate investment trust's stock worth $39,751,000 after purchasing an additional 125,387 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.3% in the third quarter. The Manufacturers Life Insurance Company now owns 65,812 shares of the real estate investment trust's stock worth $2,269,000 after acquiring an additional 2,713 shares during the last quarter. Canton Hathaway LLC purchased a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital in the third quarter valued at $260,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Hannon Armstrong Sustainable Infrastructure Capital during the third quarter valued at $855,000. Finally, Daiwa Securities Group Inc. raised its stake in Hannon Armstrong Sustainable Infrastructure Capital by 10.5% in the 3rd quarter. Daiwa Securities Group Inc. now owns 106,300 shares of the real estate investment trust's stock valued at $3,664,000 after purchasing an additional 10,100 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company's stock.

Insiders Place Their Bets

In other news, CFO Marc T. Pangburn purchased 3,500 shares of the company's stock in a transaction that occurred on Monday, November 11th. The shares were purchased at an average price of $28.71 per share, with a total value of $100,485.00. Following the purchase, the chief financial officer now directly owns 56,791 shares of the company's stock, valued at approximately $1,630,469.61. This represents a 6.57 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 2.00% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Robert W. Baird raised their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the stock an "outperform" rating in a research note on Friday, September 27th. Royal Bank of Canada began coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research note on Tuesday, September 3rd. They issued an "outperform" rating and a $41.00 target price for the company. Bank of America began coverage on Hannon Armstrong Sustainable Infrastructure Capital in a research note on Monday, November 25th. They set a "buy" rating and a $40.00 price target on the stock. StockNews.com downgraded Hannon Armstrong Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research report on Monday, November 11th. Finally, Citigroup increased their target price on Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 22nd. One analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $40.58.

Hannon Armstrong Sustainable Infrastructure Capital Stock Up 0.3 %

Shares of HASI traded up $0.09 during midday trading on Friday, reaching $31.36. 424,138 shares of the company were exchanged, compared to its average volume of 1,562,729. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has a 1-year low of $21.77 and a 1-year high of $36.56. The stock has a 50-day moving average price of $32.61 and a 200-day moving average price of $32.10. The company has a current ratio of 13.55, a quick ratio of 13.55 and a debt-to-equity ratio of 1.78. The company has a market cap of $3.72 billion, a price-to-earnings ratio of 17.62, a P/E/G ratio of 1.27 and a beta of 1.98.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Monday, December 30th will be given a dividend of $0.415 per share. This represents a $1.66 annualized dividend and a yield of 5.29%. The ex-dividend date is Monday, December 30th. Hannon Armstrong Sustainable Infrastructure Capital's dividend payout ratio (DPR) is presently 93.26%.

About Hannon Armstrong Sustainable Infrastructure Capital

Hannon Armstrong Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment in energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company's portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.